Last update: Fri, 26 Aug 2016 06pm

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HBL, Pakistan's largest bank, launched its 75th anniversary celebrations, in a special ceremony held at the HBL Plaza in Karachi. The event was attended by Sultan Ali Allana (Chairman, HBL) along with the Bank's senior management to celebrate HBL's past and embrace its bright future.
Afghan President Ashraf Ghani telephoned Army chief General Raheel Sharif and urged him to take "serious and practical" measures against terrorists, according to a statement released on Thursday, a day after attack on American University in Kabul. Pakistan has strongly condemned the terrorist attack. General Raheel strongly condemned the terrorist attack and expressed sympathy with the bereaved families. General Raheel said that Pakistani soil would not be allowed to be used for any type of terrorism in Afghanistan.
Ambassador Richard Olson, Special Representative in Afghanistan and Pakistan (SRAP) and General John Nicholson, Commander Resolute Support Mission in Afghanistan along with their delegation called on Chief of Army Staff General Raheel Sharif today. During the meeting, regional security issues and matters of mutual interest including border management mechanism along Pak-Afghanistan border were discussed. The visiting dignitaries appreciated the resolve and continuing efforts towards fighting terrorism and regional stability.
The UAE-based EFG Hermes Frontier Holdings LLC has acquired majority shares of Invest and Finance Securities Limited (IFSC) at more than Rs 153.119 million, said a stock filing Thursday. The transaction, according to IFSC's company secretary Muhammad Awais, was undertaken through a Share Purchase Agreement EFG signed with IFSC's management on Wednesday August 24.
Pakistan unambiguously supports China's stance in relation to the South China Sea dispute. This was stated by Adviser to Prime Minister Sartaj Aziz at a joint sitting of Senate Standing Committees on Defence and Foreign Affairs, presided over by Senators Nuzhat Sadiq and Mushahid Hussain Sayed here on Thursday. Sartaj Aziz also said that border management with Afghanistan is necessary to stop illegal border crossings. "Pakistan supports China's stance on the South China Sea dispute," he said.
The world's first driverless taxis went into operation on Thursday in Singapore in a limited public trial, beating giants like Uber in the race to roll out the revolutionary technology. The "robo-taxi service" is being tested at a small research campus well away from the thrum of the Asian business hub. Data from the experiment will feed into the roll-out of driverless taxis across the city-state in 2018, said nuTonomy, a US-based tech start-up that developed the software used in the vehicles.
The death toll from a powerful earthquake in central Italy rose to 247 on Thursday amid fears many more corpses remain buried in the rubble of devastated mountain villages. As rescuers sifted through collapsed masonry in the search for survivors, questions mounted as to why there had been so many deaths so soon after the 2009 L'Aquila disaster, exposing Italy's vulnerability to earthquakes. "In Amatrice alone we are already over 200 deaths," said Sergio Pirozzi, the mayor of one of the worst-affected villages, suggesting the total number of victims could rise significantly.